EDF’s Nuclear Electricity Regulatory Framework: Achieving Sustainable Pricing and Economic Model

2023-11-12 21:11:25 The general objective is to achieve an average price of electricity supplied by the historic nuclear fleet close to 70 euros per MWh. YVES HERMAN/REUTERS The objective is to ensure the sustainability of EDF’s economic model. The Ministers of the Economy, Bruno Le Maire, and of the Energy Transition, Agnès Pannier-Runacher, will receive … Read more

Galeries Lafayette Group Sells BHV Marais to SGM: The Future of the Iconic Department Store

2023-11-10 18:38:42 ” data-script=” > Threatened with disappearance after more than 160 years of existence, the Bazar de l’Hôtel de Ville (BHV) was definitively ceded to the Société des Grands Magasins (SGM). Negotiations had been going on since February. In exclusive negotiations since the beginning of the year with the real estate company of Lyon … Read more

Airbus A321 Neo XLR: Production Targets, Market Demand, and Supply Chain Challenges

2023-11-08 19:29:44 The A321neo XLR, here on the tarmac at Miami Airport, United States, in September 2023. Stage of its test campaign. Joe Pries/Airbus The European aeronautics giant confirms its annual delivery target, despite tensions within its subcontractor ecosystem. Delivering 720 aircraft in 2023 remains a challenge. But this is the objective confirmed this Wednesday … Read more

EDF and Government Agreement on Future Electricity Price Regulation in France

2023-11-08 10:37:00 The Minister of Energy Transition, Agnès Pannier-Runacher, alongside the CEO of EDF, Luc Rémont, in April 2023. DANIEL LEAL / AFP INFO LE FIGARO – After weeks of strong tensions, a compromise is being finalized. A year after the arrival of Luc Rémont at the helm of EDF and after several weeks of … Read more

Altice France CEO Investigated for Tax Dispute: What You Need to Know

2023-11-07 13:52:36 Arthur Dreyfuss, CEO of the telecommunications and media group Altice France. EMMANUEL DUNAND / AFP INFO LE FIGARO – The parent company of SFR received a visit from investigators this Tuesday morning for a tax dispute dating from the period 2013-2019. The affair was obviously awaited by the telecoms operator. According to information … Read more

WeWork Files for Bankruptcy: The Fall of a Former Start-up Star

2023-11-07 03:18:20 By Le Figaro with AFP Published 2 hours ago, Updated now The group was valued at up to $47 billion but its stock was worth only 80 cents Monday evening at the close of the New York Stock Exchange, for a market capitalization of $44.49 million. KATE MUNSCH / REUTERS The former start-up … Read more

Italian Authorities Seize 779 Million Euros from Airbnb in Tax Evasion Investigation

2023-11-06 22:56:44 Italian authorities have ordered the seizure of more than 779 million euros from the rental platform Airbnb as part of an investigation into tax evasion, financial police said on Monday. The Milan public prosecutor’s office accuses Airbnb of not having collected a tax on rental income received by owners over a period from … Read more

Warren Buffett’s Berkshire Hathaway: Record $157 Billion in Cash, Selling Assets, and Future Acquisitions

2023-11-05 18:22:43 By Marie Bartnik Published 2 hours ago, Updated 2 hours ago Warren Buffett, photographed July 13, 2023 in Sun Valley, Idaho. KEVIN DIETSCH/Getty Images via AFP The 93-year-old financier continues to sell assets, without reinvesting in proportion to his sales. The level of cash held by Berkshire Hathaway, the company of American billionaire … Read more